At age 31 you invest $1,500 that earns 8 percent each year. At age 46 you invest $1,500 that earns 11 percent per year. In which case would you have more money at age 65? multiple choice A.investing at age 46 B.investing at age 31
At age 31 you invest $1,500 that earns 8 percent each year. At age 46 you invest $1,500 that earns 11 percent per year. In which case would you have more money at age 65? multiple choice A.investing at age 46 B.investing at age 31
Essentials Of Investments
11th Edition
ISBN:9781260013924
Author:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.
Publisher:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.
Chapter1: Investments: Background And Issues
Section: Chapter Questions
Problem 1PS
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Question 12
At age 31 you invest $1,500 that earns 8 percent each year. At age 46 you invest $1,500 that earns 11 percent per year.
In which case would you have more money at age 65?
multiple choice
A.investing at age 46
B.investing at age 31
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